Business10 sources
McDonald's U.S. Restaurant Traffic Declines Amid Economic Pressures
- Traffic at U.S. McDonald's restaurants fell during the third quarter.
- Customers are struggling with higher gas prices and the cost of living.
- Despite the decline, McDonald's earnings beat expectations.
- McDonald's has been offering discounts to attract budget-conscious diners.
- The company's stock rose after a revenue miss, with plans for a new strategy to boost sales.
Timeline
McDonald's Q3 sales slowing as spending cools
McDonald's reports slowing Q3 sales due to cooling consumer spending.
McDonald's earnings beat but U.S. traffic falls
McDonald's earnings exceeded expectations, but U.S. restaurant traffic declined.
Latest
McDonald's focuses on value and deals
McDonald's restored in-app deals and emphasized value marketing to boost sales.
Articles (11)
CNBC·
McDonald's earnings beat, but traffic to its U.S. restaurants falls
The Independent·
Not even McDonald's is safe from the brutal economic crunch bleeding American wallets dry
Barron's·
McDonald’s Stock Rises After Revenue Miss. Plans Are for Its NEXT Strategy to Power a Rebound.
ABC News·
Visits to US McDonald's locations falls as customers struggle with cost of living
Associated Press·
Visits to US McDonald’s locations falls as customers struggle with the high cost of living
Reuters·
McDonald's US sales decline for first time in six quarters despite value push
The Wall Street Journal·
McDonald’s Profit Climbs Despite Continued Sluggish Domestic Sales
Yahoo Finance·
McDonald’s Q3 sales seen slowing as spending cools, now value, drinks in focus
Google News·
McDonald’s Q3 sales seen slowing as spending cools, now value, drinks in focus
Bloomberg·
McDonald’s US Slump Cushioned by Increase in Order Sizes